Anglers fish from a pier in Hong Kong’s Victoria Harbour, on February 28. According to an opinion poll, Hongkongers gave the budget a dissatisfaction rating that is the highest in the past four years. Photo: AFP

It’s a shame Hong Kong budget giveaways don’t solve the problem of its perennial surpluses

Alice Wu says despite the hype, the budget did not try to address the government’s dependence on land sales and stamp duties for revenue, the reason for its huge surpluses in the first place

Topic |   Hong Kong Budget 2018-2019

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Anglers fish from a pier in Hong Kong’s Victoria Harbour, on February 28. According to an opinion poll, Hongkongers gave the budget a dissatisfaction rating that is the highest in the past four years. Photo: AFP
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